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Lack of credit history can work against you in time of need

Monwabisi Mdlalose, an IT specialist who has been working for almost 20 years, has never taken credit in his entire life and does not want to do so until he buys his first family home.

So wary about his credit status that Mdlalose even bought his first car, a Toyota Yaris, for just over R150,000, cash...

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